Pearl Global Industries Ltd
About
Pearl Global was founded by Deepak Kumar Seth to provide end-to-end supply chain solutions to clothing brands all over the world. It is also associated with the designing and manufacturing of apparel, including woven and knitwear, women’s wear, men’s wear, kids wear, and sportswear. With 9 manufacturing facilities in the country managed under Pallab Banerjee, Pearl is able to produce 25 million pieces of clothing every year through its India branch. By producing in the sunlight, the company is also cutting its carbon footprint and bringing cost-effectiveness to its operations. Some of its notable global clients include Gap, Mango, Zara, Tommy Hilfiger, and Calvin Klein. In addition to India, Pearl Global is present in countries like the UK, the US, Bangladesh, Indonesia, Vietnam, Hong Kong, Spain, Guatemala, and the UAE.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 3481 6.3% | 3276 16.3% | 2816 82.9% | 1540 -11.6% | 1742 -4.7% | 1827 17.1% | 1560 -0.9% | 1575 11.5% | 1412 35.2% | 1044 -77.9% | 4735 22.7% | 3859 37.3% | 2811 21.0% | 2323 22.7% | 1893 27.2% | 1488 - |
| Net Operating Income (INR Cr) | 3436 8.79% | 3158 16.39% | 2714 82.00% | 1491 -11.52% | 1685 -4.12% | 1758 17.48% | 1496 -2.71% | 1538 10.36% | 1393 36.11% | 1024 -78.21% | 4699 23.00% | 3820 36.51% | 2798 24.32% | 2251 24.13% | 1813 26.35% | 1435 34.23% |
| Profit (INR Cr) | 175 17.1% | 149 119.0% | 68 294.6% | 17 -19.9% | 22 -68.0% | 67 179.4% | 24 -40.7% | 41 10.8% | 37 46.2% | 25 -35.1% | 39 62.4% | 24 -24.5% | 31 60.9% | 20 121.4% | 9 64.6% | 5 - |
| Assets (INR Cr) | 1459 9.3% | 1335 1.4% | 1316 28.5% | 1025 -0.5% | 1029 18.3% | 871 12.1% | 777 11.6% | 696 12.1% | 621 15.1% | 540 -60.7% | 1373 16.3% | 1180 13.2% | 1043 7.2% | 973 29.0% | 754 7.3% | 703 - |
| Net Worth (INR Cr) | 802 11.0% | 722 20.6% | 599 15.8% | 517 3.3% | 501 6.5% | 470 18.9% | 395 3.9% | 380 12.4% | 339 8.8% | 311 -55.0% | 691 13.3% | 610 12.1% | 544 16.0% | 469 3.8% | 452 -3.3% | 467 8.3% |
| Employee Cost (INR Cr) | 670 19.4% | 561 22.4% | 459 41.0% | 325 -17.3% | 393 9.2% | 360 51.7% | 237 7.2% | 221 7.3% | 206 24.2% | 166 -55.9% | 376 20.1% | 313 32.6% | 236 11.0% | 213 1.0% | 211 11.5% | 189 - |
| Interest Cost (INR Cr) | 100 | 82 | 61 | 47 | 53 | 43 | 38 | 35 | 21 | 23 | 40 | 34 | 30 | 43 | 32 | 26 |
| Cash & Bank Balance (INR Cr) | 367 | 294 | 150 | 117 | 110 | 111 | 97 | 106 | 131 | 94 | 286 | 180 | 156 | 171 | 132 | 90 |
| Total Debt (INR Cr) | 588 | 558 | 645 | 440 | 463 | 333 | 315 | 253 | 217 | 167 | 605 | 506 | 452 | 443 | 252 | 201 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.0% | 4.6% | 2.4% | 1.1% | 1.2% | 3.7% | 1.5% | 2.6% | 2.6% | 2.4% | 0.8% | 0.6% | 1.1% | 0.8% | 0.5% | 0.4% |
| Profit As % Of Assets | 12.0% | 11.2% | 5.2% | 1.7% | 2.1% | 7.7% | 3.1% | 5.8% | 5.9% | 4.6% | 2.8% | 2.0% | 3.0% | 2.0% | 1.2% | 0.8% |
| Profit As % Of Networth | 21.8% | 20.7% | 11.4% | 3.3% | 4.3% | 14.3% | 6.1% | 10.7% | 10.8% | 8.1% | 5.6% | 3.9% | 5.8% | 4.2% | 2.0% | 1.2% |
| Interest Cost to EBITDA % | 30.9% | 33.8% | 39.5% | 84.7% | 70.1% | 42.5% | 102.1% | 47.4% | 34.5% | 47.5% | 73.5% | 43.6% | 34.9% | 119.4% | 621.3% | - |
| Debt to Equity Ratio | 0.73 | 0.77 | 1.08 | 0.85 | 0.92 | 0.71 | 0.80 | 0.66 | 0.64 | 0.54 | 0.88 | 0.83 | 0.83 | 0.95 | 0.56 | 0.43 |
| RONW | 22.2% | 23.2% | 11.3% | 1.7% | 5.1% | 11.8% | 6.0% | 11.7% | 11.3% | 4.9% | 6.8% | 6.6% | 7.1% | 5.2% | 0.6% | 0.4% |
| ROCE | 21.2% | 19.7% | 12.0% | 4.5% | 9.4% | 13.1% | 9.7% | 13.0% | 12.0% | 6.3% | 7.4% | 8.9% | 7.7% | 7.9% | 5.0% | 3.9% |